Abbreviated Company Accounts - CONSTRUCTION GUARANTEE SERVICES LIMITED

Abbreviated Company Accounts - CONSTRUCTION GUARANTEE SERVICES LIMITED

CONSTRUCTION GUARANTEE SERVICES LIMITED - Company Information

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Registered Number 07078762

CONSTRUCTION GUARANTEE SERVICES LIMITED

Abbreviated Accounts

31 January 2015

CONSTRUCTION GUARANTEE SERVICES LIMITED Registered Number 07078762

Abbreviated Balance Sheet as at 31 January 2015

Notes 31/01/2015 31/03/2014
£ £
Fixed assets
Tangible assets 2 190 1,594
190 1,594
Current assets
Debtors - 729
Cash at bank and in hand 86,923 97,074
86,923 97,803
Creditors: amounts falling due within one year (27,127) (40,004)
Net current assets (liabilities) 59,796 57,799
Total assets less current liabilities 59,986 59,393
Total net assets (liabilities) 59,986 59,393
Capital and reserves
Called up share capital 12,000 12,000
Profit and loss account 47,986 47,393
Shareholders' funds 59,986 59,393
  • For the year ending 31 January 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 4 March 2015

And signed on their behalf by:
MR A BAXENDALE, Director

CONSTRUCTION GUARANTEE SERVICES LIMITED Registered Number 07078762

Notes to the Abbreviated Accounts for the period ended 31 January 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the period.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Equipment - 50% Straight line

2Tangible fixed assets
£
Cost
At 1 April 2014 3,714
Additions 379
Disposals -
Revaluations -
Transfers -
At 31 January 2015 4,093
Depreciation
At 1 April 2014 2,120
Charge for the year 1,783
On disposals -
At 31 January 2015 3,903
Net book values
At 31 January 2015 190
At 31 March 2014 1,594